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Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
-1x Short VIX Futures ETF    
Income:    
Interest income $ 930,362 $ 1,405,026
Other Income
Total Income 930,362 1,405,026
Expenses:    
Management fees 660,150 857,936
Administrative, accounting and custodian fees 55,202 72,632
Professional fees 137,467 72,762
Licensing and registration fees 33,219 47,651
Other 1,544 1,482
Total Expenses 887,582 1,052,463
Net Investment income/loss 42,780 352,563
Net realized gain (loss) on:    
Options (119,483) (1,518,833)
Futures (57,533,903) (26,461,856)
Net change in unrealized appreciation (depreciation) of:    
Options (316,703) 90,533
Futures (22,387,074) (4,663,230)
Net realized and unrealized gain (loss) on investments and futures contracts (80,357,163) (32,553,386)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS (80,314,383) (32,200,823)
2x Long VIX Futures ETF    
Income:    
Interest income 1,480,822 1,193,644
Other Income (117)
Total Income 1,480,822 1,193,527
Expenses:    
Management fees 1,519,518 760,621
Administrative, accounting and custodian fees 110,495 41,812
Professional fees 146,718 92,991
Licensing and registration fees 75,544 42,351
Other 1,544 1,485
Total Expenses 1,853,819 939,260
Net Investment income/loss (372,997) 254,267
Net realized gain (loss) on:    
Options
Futures 141,513,502 78,077,648
Net change in unrealized appreciation (depreciation) of:    
Options
Futures 76,382,120 2,686,893
Net realized and unrealized gain (loss) on investments and futures contracts 217,895,622 80,764,541
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS $ 217,522,625 $ 81,018,808